MKR’s price decoupled from ETH as MakerDAO sold some tokens. On-chain and technical analysis suggested a bounce to $3,545 when the selling pressure halts. Over the last two weeks, a specific multisign wallet associated with MakerDAO has transferred approximately $14.4 million in MKR tokens to various cryptocurrency exchanges. Based on Spot On Chain’s report, some … Read more
At the opening of Wall Street on April 22, Bitcoin (BTC) failed to continue its recovery following the halving event due to a large number of programmed trading algorithms selling off the cryptocurrency. Bids and asks squeeze BTC price The prices of Bitcoin, as indicated by data from CryptoMoon Markets Pro and TradingView, began to … Read more
Bitcoin transaction fees hit an all-time of $80 million. Stacks exec believes fees will go even higher as BTC L2 expands. After the fourth decrease in new Bitcoins rewarded for mining, Bitcoin miners have seen higher profits. On April 20th, Bitcoin transaction fees reached an unprecedented high of over $80 million, surpassing their previous peak … Read more
The Hong Kong Securities and Futures Professionals Association (HKSFPA) advises local crypto businesses to establish a self-governing body and keep an eye on each other to ensure adherence to regulations. According to the HKSFPA’s recommendation letter dated April 22, the financial market industry in Hong Kong places excessive emphasis on regulation. However, there isn’t any … Read more
Nadeem Anjarwalla, a citizen of both Britain and Kenya, and an employee at the cryptocurrency platform Binance, is said to have been taken into custody in Kenya following his departure from Nigeria in March. Based on multiple news reports from Kenya dated April 22, the local law enforcement authorities apprehended Anjarwalla and plan to hand … Read more
In the past week, there have been numerous significant developments that have shaped the crypto market. The US and UK introduced new regulations, while Germany and Hong Kong surprised us with approvals. Bitcoin experienced thrilling fluctuations, and a catchy crypto theme song even made an appearance. Thus, let’s discuss the top crypto news that marked … Read more